Maheshchand M. Ratanji Acquires Super 8 By Wyndham Hotel For $6.2 Million In East Williamsburg
193 Cook Street & 187 Cook Street
$6,200,000
$101/SF
Building Size
30,500 SF
Asset Type
Hotel
Closing
Oct 9, 2026
About this deal
AI
The asset involved in the transaction is a hotel located at 193 Cook Street in East Williamsburg, Brooklyn. The sale price for the property was $6,200,000, with a total square footage of 30,500, resulting in a price per square foot of $203.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $6,200,000
- Address: 193 Cook Street
- Market: East Williamsburg, Brooklyn
- Square Footage: 30,500
- Price Per Square Foot: $203
- Buyer: Maheshchand M. Ratanji
- Seller: Miri Volchik O’Brien
Maheshchand Ratanji acquired the property through Cook Equities LLC. The seller of the hotel was Miri Volchik O’Brien, marking a significant transaction in the hospitality sector within the Brooklyn market.
On the Map
$6,200,000
$101/SF
Hotel
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Players
Keuka Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93